Marnell Management LLC
CIK 0001852314
Annualised vol
5.184099%
Beta
0.116355
HHI
668.951944
Top-10 weight
50.323218%
VaR 95%
0.464848%
VaR 99%
0.978431%
Max drawdown
13.754044%
Matched value
56.214876%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| SBLK | ADDED | 515,698 | 430,282 | 19.85% | 12,876,979 |
| CNR | ADDED | 128,778 | 73,984 | 74.06% | 10,304,816 |
| DHT | ADDED | 541,871 | 345,434 | 56.87% | 8,957,128 |
| WULF | REDUCED | 324,991 | 686,762 | -52.68% | 8,027,278 |
| TRMD | REDUCED | 262,876 | 433,162 | -39.31% | 6,850,549 |
| TDW | ADDED | 98,490 | 55,120 | 78.68% | 6,562,389 |
| HCC | ADDED | 79,511 | 55,913 | 42.2% | 6,453,113 |
| GTX | REDUCED | 163,713 | 181,863 | -9.98% | 5,931,322 |
| DEI | ADDED | 497,133 | 436,290 | 13.95% | 5,866,169 |
| TLN | ADDED | 14,551 | 13,264 | 9.7% | 5,591,367 |
| COMP | ADDED | 423,302 | 271,779 | 55.75% | 5,219,314 |
| ECHO | ADDED | 50,359 | 4,946 | 918.18% | 5,111,439 |
| NMPGY | ADDED | 67,593 | 57,682 | 17.18% | 4,736,242 |
| ALX | ADDED | 16,991 | 15,841 | 7.26% | 4,682,040 |
| CMBT | ADDED | 311,109 | 255,194 | 21.91% | 4,352,415 |
| SHW | ADDED | 12,593 | 9,336 | 34.89% | 4,336,022 |
| BORR | NEW | 922,914 | - | - | 3,811,635 |
| RIG | ADDED | 740,270 | 339,253 | 118.21% | 3,619,920 |
| ASC | REDUCED | 236,122 | 299,357 | -21.12% | 3,308,069 |
| HSHP | ADDED | 217,162 | 164,032 | 32.39% | 2,901,284 |
| TNK | ADDED | 44,391 | 23,567 | 88.36% | 2,879,644 |
| FRO | ADDED | 81,081 | 59,287 | 36.76% | 2,820,808 |
| LEN | ADDED | 30,817 | 22,717 | 35.66% | 2,782,014 |
| INSW | ADDED | 31,939 | 24,597 | 29.85% | 2,446,208 |
| BWA | UNCHANGED | 27,800 | 27,800 | 0.0% | 1,845,920 |
| STNG | REDUCED | 24,726 | 26,333 | -6.1% | 1,712,523 |
| HAFN | REDUCED | 252,960 | 465,145 | -45.62% | 1,679,654 |
| HUT | REDUCED | 13,084 | 17,143 | -23.68% | 1,510,482 |
| GLXY | NEW | 54,342 | - | - | 1,485,710 |
| VAL | ADDED | 19,075 | 17,075 | 11.71% | 1,384,845 |
| VST | NEW | 8,542 | - | - | 1,355,017 |
| KKR | ADDED | 13,019 | 10,219 | 27.4% | 1,194,884 |
| CIFR | REDUCED | 47,715 | 205,900 | -76.83% | 1,169,018 |
| NVR | NEW | 162 | - | - | 1,103,771 |
| GNK | REDUCED | 38,213 | 86,023 | -55.58% | 946,918 |
| BLDR | REDUCED | 10,372 | 19,772 | -47.54% | 928,087 |
| QXO | ADDED | 53,092 | 38,700 | 37.19% | 917,430 |
| FRMI | NEW | 71,965 | - | - | 659,199 |
| OC | UNCHANGED | 3,590 | 3,590 | 0.0% | 570,666 |
| WLK | ADDED | 7,402 | 3,802 | 94.69% | 540,346 |
| NBIS | REDUCED | 1,471 | 23,358 | -93.7% | 406,246 |
| WH | UNCHANGED | 4,647 | 4,647 | 0.0% | 391,324 |
| CLF | UNCHANGED | 39,613 | 39,613 | 0.0% | 371,966 |
| TEN | ADDED | 7,158 | 5,691 | 25.78% | 253,178 |
| CLSK | REDUCED | 16,346 | 254,376 | -93.57% | 237,834 |
| OLN | CLOSED OUT | 0 | 16,309 | -100.0% | 0 |
| WFG | CLOSED OUT | 0 | 4,676 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 58,912,000 | 22.63 | 80000.0 | |
| SBLK | ADDED | STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 | 12,876,979 | 4.95 | 515698.0 |
| CNR | ADDED | CORE NATURAL RESOURCES INC | COM SHS | 218937100 | 10,304,816 | 3.96 | 128778.0 |
| DHT | ADDED | DHT HOLDINGS INC | SHS NEW | Y2065G121 | 8,957,128 | 3.44 | 541871.0 |
| WULF | REDUCED | TERAWULF INC | COM | 88080T104 | 8,027,278 | 3.08 | 324991.0 |
| TRMD | REDUCED | TORM PLC | SHS CL A | G89479102 | 6,850,549 | 2.63 | 262876.0 |
| TDW | ADDED | TIDEWATER INC NEW | COM | 88642R109 | 6,562,389 | 2.52 | 98490.0 |
| HCC | ADDED | WARRIOR MET COAL INC | COM | 93627C101 | 6,453,113 | 2.48 | 79511.0 |
| - | VORNADO RLTY TR | SH BEN INT | 929042109 | 6,142,276 | 2.36 | 156292.0 | |
| GTX | REDUCED | GARRETT MOTION INC | COM | 366505105 | 5,931,322 | 2.28 | 163713.0 |
| - | FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | 5,886,555 | 2.26 | 2829.0 | |
| DEI | ADDED | DOUGLAS EMMETT INC | COM | 25960P109 | 5,866,169 | 2.25 | 497133.0 |
| - | JBG SMITH PPTYS | COM | 46590V100 | 5,598,351 | 2.15 | 381619.0 | |
| TLN | ADDED | TALEN ENERGY CORP | COM | 87422Q109 | 5,591,367 | 2.15 | 14551.0 |
| COMP | ADDED | COMPASS INC | CL A | 20464U100 | 5,219,314 | 2.0 | 423302.0 |
| - | OKEANIS ECO TANKERS COR | SHS | Y64177101 | 4,826,255 | 1.85 | 96294.0 | |
| NMPGY | ADDED | NAVIOS MARITIME PARTNERS LP | COM UNIT LPI | Y62267409 | 4,736,242 | 1.82 | 67593.0 |
| ALX | ADDED | ALEXANDERS INC | COM | 014752109 | 4,682,040 | 1.8 | 16991.0 |
| CMBT | ADDED | CMB.TECH NV | SHS | B38564108 | 4,352,415 | 1.67 | 311109.0 |
| SHW | ADDED | SHERWIN WILLIAMS CO | COM | 824348106 | 4,336,022 | 1.67 | 12593.0 |
| BORR | NEW | BORR DRILLING LTD | SHS | G1466R173 | 3,811,635 | 1.46 | 922914.0 |
| - | NEXPOINT RESIDENTIAL TR INC | COM | 65341D102 | 3,668,856 | 1.41 | 131406.0 | |
| RIG | ADDED | TRANSOCEAN LTD | REGISTERED SHS | H8817H100 | 3,619,920 | 1.39 | 740270.0 |
| ECHO | ADDED | ECHOSTAR CORP | CL A | 278768106 | 3,588,939 | 1.38 | 35359.0 |
| - | EAGLE MATLS INC | COM | 26969P108 | 3,383,775 | 1.3 | 15039.0 | |
| ASC | REDUCED | ARDMORE SHIPPING CORP | COM | Y0207T100 | 3,308,069 | 1.27 | 236122.0 |
| - | CENTURY ALUM CO | COM | 156431108 | 3,290,451 | 1.26 | 71516.0 | |
| HSHP | ADDED | HIMALAYA SHIPPING LTD | ORD SHS | G4660A103 | 2,901,284 | 1.11 | 217162.0 |
| TNK | ADDED | TEEKAY TANKERS LTD | CL A | G8726X106 | 2,879,644 | 1.11 | 44391.0 |
| FRO | ADDED | FRONTLINE PLC | COM | M46528101 | 2,820,808 | 1.08 | 81081.0 |
| LEN | ADDED | LENNAR CORP | CL A | 526057104 | 2,452,279 | 0.94 | 27100.0 |
| INSW | ADDED | INTERNATIONAL SEAWAYS INC | COM | Y41053102 | 2,446,208 | 0.94 | 31939.0 |
| - | FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 | 2,443,050 | 0.94 | 44500.0 | |
| - | NAVIGATOR HLDGS LTD | SHS | Y62132108 | 1,854,523 | 0.71 | 99545.0 | |
| BWA | UNCHANGED | BORGWARNER INC | COM | 099724106 | 1,845,920 | 0.71 | 27800.0 |
| STNG | REDUCED | SCORPIO TANKERS INC | SHS | Y7542C130 | 1,712,523 | 0.66 | 24726.0 |
| - | RAMACO RES INC | COM CL A | 75134P600 | 1,616,243 | 0.62 | 122165.0 | |
| - | HUDSON PACIFIC PROPERTIES IN | COM | 444097406 | 1,552,205 | 0.6 | 102186.0 | |
| - | MARTIN MARIETTA MATLS INC | COM | 573284106 | 1,528,832 | 0.59 | 2651.0 | |
| ECHO | ADDED | ECHOSTAR CORP | CL A | 278768106 | 1,522,500 | 0.58 | 15000.0 |
| - | SPDR GOLD TR | GOLD SHS | 78463V107 | 1,518,094 | 0.58 | 4121.0 | |
| HUT | REDUCED | HUT 8 CORP | COM | 44812J104 | 1,510,482 | 0.58 | 13084.0 |
| - | CORE SCIENTIFIC INC NEW | COM | 21874A106 | 1,508,377 | 0.58 | 58944.0 | |
| GLXY | NEW | GALAXY DIGITAL INC. | CL A | 36317J209 | 1,485,710 | 0.57 | 54342.0 |
| HAFN | REDUCED | HAFNIA LTD | SHS | Y2990R101 | 1,422,288 | 0.55 | 214200.0 |
| VAL | ADDED | VALARIS LTD | CL A | G9460G101 | 1,384,845 | 0.53 | 19075.0 |
| VST | NEW | VISTRA CORP | COM | 92840M102 | 1,355,017 | 0.52 | 8542.0 |
| - | ALPHA METALLURGICAL RESOUR I | COM | 020764106 | 1,289,336 | 0.5 | 7817.0 | |
| - | PEABODY ENGR CORP | COM | 704551100 | 1,230,261 | 0.47 | 53212.0 | |
| KKR | ADDED | KKR & CO INC | COM | 48251W104 | 1,194,884 | 0.46 | 13019.0 |
| CIFR | REDUCED | CIPHER DIGITAL INC | COM | 17253J106 | 1,169,018 | 0.45 | 47715.0 |
| NVR | NEW | NVR INC | COM | 62944T105 | 1,103,771 | 0.42 | 162.0 |
| - | SEANERGY MARITIME HLDGS CORP | SHS | Y73760400 | 1,055,665 | 0.41 | 78605.0 | |
| GNK | REDUCED | GENCO SHIPPING & TRADING LTD | SHS | Y2685T131 | 946,918 | 0.36 | 38213.0 |
| BLDR | REDUCED | BUILDERS FIRSTSOURCE INC | COM | 12008R107 | 928,087 | 0.36 | 10372.0 |
| QXO | ADDED | QXO INC | COM NEW | 82846H405 | 917,430 | 0.35 | 53092.0 |
| - | OFFICE PPTYS INCOME TR | COM OF BENEFICIA | 67623C307 | 865,164 | 0.33 | 50892.0 | |
| - | ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 | 733,961 | 0.28 | 12188.0 | |
| FRMI | NEW | FERMI INC | COM | 314911108 | 659,199 | 0.25 | 71965.0 |
| OC | UNCHANGED | OWENS CORNING NEW | COM | 690742101 | 570,666 | 0.22 | 3590.0 |
| WLK | ADDED | WESTLAKE CORPORATION | COM | 960413102 | 540,346 | 0.21 | 7402.0 |
| NBIS | REDUCED | NEBIUS GROUP N.V. | SHS CLASS A | N97284108 | 406,246 | 0.16 | 1471.0 |
| WH | UNCHANGED | WYNDHAM HOTELS & RESORTS INC | COM | 98311A105 | 391,324 | 0.15 | 4647.0 |
| CLF | UNCHANGED | CLEVELAND-CLIFFS INC NEW | COM | 185899101 | 371,966 | 0.14 | 39613.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 355,277 | 0.14 | 710.0 | |
| LEN | ADDED | LENNAR CORP | CL B | 526057302 | 329,735 | 0.13 | 3717.0 |
| HAFN | REDUCED | HAFNIA LTD | SHS | Y2990R101 | 257,366 | 0.1 | 38760.0 |
| TEN | ADDED | TSAKOS ENERGY NAVIGATION LTD | SHS | G9108L173 | 253,178 | 0.1 | 7158.0 |
| CLSK | REDUCED | CLEANSPARK INC | COM NEW | 18452B209 | 237,834 | 0.09 | 16346.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 260,352,689 | 69 | 5.184099 | 0.116355 | 13.754044 |
| 2026-03-31 | 2026-05-14 | 287,516,986 | 72 | 4.271077 | 0.082189 | 11.942011 |
| 2025-12-31 | 2026-02-13 | 206,135,697 | 62 | 4.472575 | 0.085658 | 12.815324 |